RBCT Media Release - MSI Feelgood Index for February 2012

MSI Feelgood Index for February 2012
2012/02/22

 

MSI’s latest business confidence survey shows some regional variations in terms of business sentiment compared to the report of November 2011, but while the worst may possibly be over, at the start of 2012, the outlook for the global economy continues to give cause for concern.

 

London, 22 February 2012– Research into levels of business confidence worldwide from the leading international association of professional services firms MSI Global Alliance shows that recovery in many of the major Western economies is being hampered by continued strains in the Eurozone.

"The year ahead will be challenging for many regions and countries across the globe, with the Eurozone economy as a whole expected to go into a mild recession," warned Joe Nellis, Professor of International Management Economics at Cranfield School of Management.

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